Nigeria is open for business, we are reforming the country to accommodate foreign investors – Tinubu says at G20 investment summit in Germany

Bola Tinubu delivered a speech at the G20 Investment Summit and the Compact with Africa Conference in Berlin, Germany. The President of Nigeria traveled to Berlin on Saturday, Nov. 18, to participate in the conference to attract investments in energy and infrastructure, as well as promote trade, according to his office.

The conference, hosted by German Chancellor Olaf Scholz, is centered on advancing economic and business collaboration between African nations and G20 countries, as highlighted in a statement by spokesperson Ajuri Ngelale.

Speaking at the event, he said: “I’ve repeated in several fora that Nigeria is open for business. It’s a transformative Nigeria. We have had democratic election since 1999, and from there we have been able to change from one government to the other and transit peacefully from one particular party to another. 

“Nigeria is a civil democracy.  

“Since I took over in May this year, we’ve embarked on transformative changes. All obstacles hindering our businesses is being removed. 

“We’re reforming the economy based on the principle and philosophy of good governance. 

“For us in Nigeria,  we have the largest population in Africa and the biggest economy… We are reforming the country to accommodate foreign investors.”